India Motor Parts & Accessories Ltd Surges 11.64%
India Motor Parts & Accessories Ltd, a smallcap trading company, has seen a significant increase in its stock price on December 21, 2023. The stock has gained 11.64% and is currently trading at Rs 1113.95. It has also outperformed the sector and Sensex, indicating a strong performance in the trading industry.
India Motor Parts & Accessories Ltd, a smallcap trading company, has seen a significant increase in its stock price on December 21, 2023. The stock has gained 11.64% and is currently trading at Rs 1113.95. MarketsMOJO has given a 'Hold' call for the stock.
The stock is currently 3.28% away from its 52-week high of Rs 1140.75. It has also outperformed the sector by 14.43% today. This is a positive sign for the company as it indicates a strong performance in the trading industry.
After four consecutive days of fall, the stock has shown a trend reversal and has gained today. It touched an intraday high of Rs 1113.95, which is a significant increase of 15.59%. The stock has also been highly volatile today with an intraday volatility of 9.04%.
India Motor Parts & Accessories Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock in the trading industry.
In comparison to the Sensex performance, India Motor Parts & Accessories Ltd has outperformed with a 1-day performance of 13.31% while the Sensex has shown a slight decrease of -0.01%. In the past month, the stock has also outperformed the Sensex with a performance of 26.39% compared to the Sensex's 6.93%.
Overall, India Motor Parts & Accessories Ltd has shown a strong performance in the trading industry with a significant increase in its stock price and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap company for potential future growth.
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